About this pair
COP/JPY: what to know
The COP/JPY rate shows how much JPY you get for 1 COP. Right now, 1 COP buys 0.0498 JPY at the mid-market rate. In the other direction, 1 JPY is worth 20.0865 COP.
In the short term COP is driven mainly by oil and commodity prices, while JPY responds to Bank of Japan policy and global risk appetite.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.